Dear Client,

CMC Markets is once again pleased to announce that we are enhancing our product offering. On Thursday 6th September 2007, we will introduce the following changes to Marketmaker®:

If-Done Orders

You can't always be watching the markets so Marketmaker® now offers If-Done orders to help you plan your trading. Using the new If-Done ticket, you can place contingent orders to help your trading strategy.

An If-Done order is a way of linking two conditional orders together, so that if one of the orders is executed, then the other order is placed in the market as a result. For example, a trade may use a stop-buy order to open a long position with an associated stop-sell order to limit any potential losses. Therefore, if the stop-buy order gets executed, then the stop-sell order is placed in the market. However, if the stop-buy order is not executed, then the stop-sell order does not become active in the market.

Example

 

XYZ PLC is trading at 155.00 and you believe that it will continue to rise slightly and would like to buy if it does, placing a stop order to manage your risk.

You use an If-Done ticket to place a stop order to buy at 158.00 and a stop order to sell at 150.00.

Your stop-buy order will only be executed if XYZ rises to 158.00, at which time your stop-sell order will also be placed.

CMC Markets has developed a new ticket that allows you to place If-Done orders using our unique One-Click trading system. For full details of how to use these new tickets, please read the updated One-Click Guide.

We have also introduced the following new Instruments:

New Commodities

Instrument
Exchange
Opening Times
NTR
RBOB Gasoline
NYMEX
Sun 23:00 - Fri 19:30
65
Cotton
NYCE
Daily 15:30 - 19:15
180
Feeder Cattle
CME
Daily 15:05 - 19:00
350
Lean Hogs
CME
Daily 15:10 - 19:00
215
Lumber
CME
Daily 15:30 - 19:15
85
Orange Juice
NYCE
Daily 15:00 - 18:30
42

New Treasury

Instrument
Exchange
Opening Times
NTR
AUSTBANK BILL
SFE
US Daylight Saving
23:30-07:30 / 08:10-22:00
US Non-Daylight Saving
21:30-05:30 / 06:10-20:30
95

All times are London Time.

This update will take place at 10.30am on Thursday 6th September (London Time).

If you are trading on the platform through this time you should not experience any interruption to the service. This upgrade will take effect the next time you log in after this time, therefore we advise that when you enter the platform subsequently, you do so at least 30 minutes before you wish to trade.

Please remember Spread Betting is a leveraged product and carries a high degree of risk to your capital. It is possible to lose more than your initial stake. Spread Betting may not be suitable for all investors, therefore ensure you fully understand the risks involved, and seek independent advice if necessary.

For more information about these instruments, call us on +44 (0)20 7170 8040.

Best regards
The team at CMC Markets

For quick answers to your account, software and dealing questions, please visit CMC Markets Plus+.

 

CMC Spreadbet Plc is authorised & regulated by the Financial Services Authority